jobless benefits

US stocks wobble despite rate cuts


July 6th, 2012 - 4:46 am ICT by IANS
New York, July 6 (IANS) US stocks wobbled around the breakeven line Thursday, as rate cuts in both China and Europe failed to ignite the market.The European Central Bank cut ... Read more...

Posted in Business |

US initial jobless claims dip to six-week low


July 6th, 2012 - 3:52 am ICT by IANS
Washington, July 6 (IANS) The number of people in the US applying for unemployment aid last week dropped to the lowest level since mid May, the Labor Department said Thursday.The ... Read more...

Posted in Business |

Wall Street extends loss


May 18th, 2012 - 5:52 am ICT by IANS
New York, May 18 (IANS) Wall Street extended losses Thursday, with the Dow Jones industrial average suffering its 11th loss in last 12 trading sessions, amid intensified fears about ... Read more...

Posted in Business |

US stocks rally on housing data


April 27th, 2012 - 6:34 am ICT by IANS
New York, April 27 (IANS) US stocks extended rally Thursday as the housing data came in better than expected, offsetting a weak jobs report and some disappointing earnings.The Dow Jones ... Read more...

Posted in Business |

US stocks lower amid weak economic data


April 20th, 2012 - 1:32 am ICT by IANS
New York, April 19 (IANS) US stocks edged lower Thursday as the latest string of weak economic data overshadowed better-than-expected corporate earnings.The US Labor Department said that the number of ... Read more...

Posted in Business |

US jobless claims at four-year low


March 23rd, 2012 - 12:12 pm ICT by IANS
Washington, March 23 (IANS/EFE) The number of people filing initial applications for unemployment benefits fell last week by 5,000 to 348,000, the fewest since February 2008, the US Labor Department ... Read more...

Posted in Uncategorized |

US stocks drop on global economic concerns (Lead)


March 23rd, 2012 - 12:00 am ICT by IANS
New York, March 22 (IANS) US stocks dropped Thursday as concerns over a global economic slowdown weighed on the market, overshadowing the fact that the jobs market was still steadily ... Read more...

Posted in Business |

US stocks higher on positive economic data


March 2nd, 2012 - 12:40 am ICT by IANS
New York, March 1 (IANS) US stocks traded higher Thursday after the latest economic data affirmed the US economy is picking up, Xinhua reported.The labor department said the number of ... Read more...

Posted in Uncategorized |

US stocks jump on encouraging jobs data (Lead)


February 24th, 2012 - 8:19 am ICT by IANS
New York, Feb 24 (IANS) US stocks jumped Thursday after government report showed that the jobs market was steadily improving.The Dow Jones industrial average gained 46.02 points, or 0.36 percent, ... Read more...

Posted in Business |

US stocks higher on positive jobs data


February 24th, 2012 - 2:12 am ICT by IANS
New York, Feb 24 (IANS) US stocks jumped Thursday after a government report showed the jobs market was steadily improving.According to the US Labor Department, the number of people applying ... Read more...

Posted in Business |

US Congress extends tax cut, jobless benefits


February 18th, 2012 - 12:41 pm ICT by IANS
Washington, Feb 18 (IANS/EFE) The US Congress approved Friday a 10-month extension of the payroll tax cut and federal unemployment benefits.The bipartisan measure, which passed the House of Representatives ... Read more...

Posted in Business |

US jobless claims at lowest level in four years


February 17th, 2012 - 10:58 am ICT by IANS
Washington, Feb 17 (IANS/EFE) The number of people filing applications for unemployment benefits fell last week by 13,000 to 348,000, their lowest level since March 2008, the US Labor Department ... Read more...

Posted in Business |

US stocks little changed after Greece deal


February 10th, 2012 - 3:05 am ICT by IANS
New York, Feb 10 (IANS) US stocks traded in a very narrow range around the breakeven line Thursday as investors felt little thrilled after Greek political leaders had agreed on ... Read more...

Posted in Business |

US stocks slightly lower in thin trading


January 27th, 2012 - 3:53 am ICT by IANS
New York, Jan 27 (IANS) US stocks were slightly lower in thin trading Thursday amid earning reports, economic data and the Federal Reserve's decision to keep low interest rate, Xinhua ... Read more...

Posted in Business |

India’s fiscal deficit projected to fall


January 24th, 2012 - 10:01 pm ICT by IANS
Washington, Jan 24 (IANS) In India, the cyclically adjusted deficit is projected to fall by about 0.50 percent of GDP this year, according to the International Monetary Fund (IMF).However, the ... Read more...

Posted in Business |

US annual inflation highest since 2007


January 20th, 2012 - 12:02 pm ICT by IANS
Washington, Jan 20 (IANS/EFE) US consumer prices rose 3 percent in 2011, the largest annual increase in four years, the Labor Department said Thursday.So-called core inflation, which excludes volatile food ... Read more...

Posted in Business |

New US jobless claims rise


December 30th, 2011 - 11:30 am ICT by IANS
Washington, Dec 30 (IANS/EFE) The number of people filing initial applications for unemployment benefits rose last week by 15,000 to 381,000, the US Labor Department said Thursday.But the rolling ... Read more...

Posted in Business |

US jobless claims continue to fall


December 23rd, 2011 - 12:48 pm ICT by IANS
Washington, Dec 23 (IANS/EFE) The number of people filing initial applications for unemployment benefits dropped by 4,000 last week to 364,000, the lowest level since April 2008, the US labor ... Read more...

Posted in Business |

US unemployment claims at 3 1/2-year low


December 16th, 2011 - 11:47 am ICT by IANS
Washington, Dec 16 (IANS/EFE) The number of people filing initial applications for unemployment benefits dropped by 19,000 last week to 366,000, the fewest since May 2008, the US Labor Department ... Read more...

Posted in Business |

New jobless claims in US at lowest level in nine months


December 9th, 2011 - 11:14 am ICT by IANS
Washington, Dec 9 (IANS/EFE) The number of people filing initial applications for unemployment benefits fell by 23,000 last week to 381,000, the US Labor Department said Thursday.The rolling four-week average ... Read more...

Posted in Business |

US jobless levels at 7-month low


November 11th, 2011 - 12:26 am ICT by IANS
Washington, Nov 10 (IANS) The number of people in US initially applying for unemployment aid last week has hit the lowest level in seven months, a positive sign for the ... Read more...

Posted in Business |

US stocks end mixed, Europe still in focus (Lead)


October 21st, 2011 - 5:44 am ICT by IANS
New York, Oct 21 (IANS) US stocks pared most of their early losses and ended mixed Thursday after French and German leaders said that there will be a "definitive agreement" ... Read more...

Posted in Business |

US jobless claims up


October 7th, 2011 - 3:50 am ICT by IANS
Washington, Oct 7 (IANS) The number of people in the US applying for unemployment aid rose slightly last week after falling below the threshold of 400,000 a week earlier, Xinhua ... Read more...

Posted in Business |

US stocks rebound on upbeat jobs data


July 29th, 2011 - 3:20 am ICT by IANS
New York, July 29 (IANS) US stocks rebounded Thursday after the government released upbeat jobs data, Xinhua reported.The Labor Department said before the opening bell that people applying for jobless ... Read more...

Posted in Business |

Layoffs to cost Spanish firm $3.8 bn


July 16th, 2011 - 11:32 am ICT by IANS
Madrid, July 16 (IANS/EFE) A plan to lay off 6,500 employees in 2011-13 will cost Telefonica SA 2.7 billion euros ($3.8 billion) in severance pay, the Spanish telecommunications giant said ... Read more...

Posted in Business |

Sensex loses 322 points amid dull global cues (Roundup)


January 14th, 2011 - 6:29 pm ICT by IANS
Mumbai, Jan 14 (IANS) A benchmark index of Indian equities market Friday closed 322 points lower as traders continued to sell front-line stocks and downward pressure increased in the broader markets. ... Read more...

Posted in Business |

Midnight tax-cut vote makes Obama ‘new Comeback Kid’


December 18th, 2010 - 2:02 pm ICT by IANS
By Arun Kumar Washington, Dec 18 (IANS) In a major political victory for President Barack Obama, the US Congress approved a $858 billion deal brokered by the White House and supported by ... Read more...

Posted in Business |

U.S. Congress passes $858 billion tax-cut extension


December 18th, 2010 - 12:37 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) -- The U.S. Congress on late Thursday passed a $858 billion tax-cut extension to continue for two more years the tax breaks enacted under President George W. Bush, ... Read more...

Posted in Business |

US Congress clears tax cut deal to hand Obama a big win


December 17th, 2010 - 11:43 pm ICT by IANS
By Arun Kumar Washington, Dec 17 (IANS) In a major victory for US President Barack Obama, the US Congress has approved a $858 billion deal brokered by the White House and opposition ... Read more...

Posted in Business |

US Senate to vote on key new tax measures for middle class


December 13th, 2010 - 3:32 pm ICT by ANI
Washington, Dec. 13 (ANI): The U.S. Senate is poised to hold a key vote on Monday on the tax cut deal between President Obama and Republicans, and it is believes that a ... Read more...

Posted in World |

Spain to cut taxes on small business


December 2nd, 2010 - 11:37 am ICT by IANS
Madrid, Dec 2 (IANS/EFE) Spanish Prime Minister Jose Luis Rodriguez Zapatero announced Wednesday a new set of measures to boost the economy while also curbing public spending, such as a tax cut ... Read more...

Posted in Business |

Britain branded ’sick man’ of the world as most youngsters live on benefits


November 25th, 2010 - 5:34 pm ICT by ANI
London, Nov 25 (ANI): Britain has been branded as the "sick man" of the world after it was revealed in a report that it has more young people on incapacity benefit than ... Read more...

Posted in World |

US Congress restores jobless benefits


July 23rd, 2010 - 2:50 am ICT by IANS
Washington, July 22 (DPA) The US Congress agreed Thursday to restore jobless benefits after a long political fight that left more than two million out-of-work Americans without compensation. The House of Representatives ... Read more...

Posted in Business |

Democratic Senators Declare That The Jobless Benefits Bill Is Heading In The Right Direction


April 14th, 2010 - 9:55 pm ICT by Pen Men At Work
April 14, 2010 (Pen Men at Work): A step to re-establish eligibility for the jobless to be given up to 99 weeks of unemployment checks seems to be heading in the right ... Read more...

Posted in Politics |

Jobless Benefits Bill Advances


April 14th, 2010 - 8:44 pm ICT by GD
By Meena Kar Washington, Apr 14, (THAINDIAN NEWS) The debate between the Democrats and the Republicans on the benefits for the jobless American bills is likely to continue. On Apr 12 the Senators ... Read more...

Posted in Business |

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